Dominion Lending Centres Clearlease Reports on White House: Government will lose less than 20 per cent of auto bailout funds

Dominion Lending Centres Clearlease Reports on White House: Government will lose less than 20 per cent of auto bailout funds

VANCOUVER, BC (June 1, 2011) Dominion Lending Centres Clearlease Reports Wednesday June 1, 2011 that the Obama administration says the government will lose less than 20 per cent of the $80 billion used to bail out the U.S. automobile industry.

In a report released Wednesday, the president’s National Economic Council says the losses are less than the administration originally expected. The report says the Treasury Department first thought the government would lose about 60 per cent of the taxpayer funds.

The White House is touting the revitalization of the U.S. auto industry amid news that Chrysler is repaying its $5.9 billion in U.S. loans and a $1.7 billion loan from the Canadian government.

Obama will visit a Chrysler plant in Ohio Friday to tout highlight the company’s success. The administration says the auto bailout saved the industry from the brink of disaster.

Video Link: http://youtu.be/f_kk7WJa7Uk

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About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
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Twitter: @clearlease

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Video Link: http://youtu.be/f_kk7WJa7Uk



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